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Strategy Posts $21 Billion Bitcoin Gain. Investors Have Bigger Concerns.

Strategy Posts $21 Billion Bitcoin Gain. Investors Have Bigger Concerns.

Strategy, the world’s largest corporate holder of Bitcoin, reported a nearly sevenfold increase in quarterly profit Thursday, thanks to a rebound in Bitcoin prices. But the blockbuster earnings masked a troubling trend: Its Bitcoin holdings are growing, while the amount attributable to each shareholder is shrinking.

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